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Diageo and Sean Combs form new Joint Venture and complete acquisition of prestige tequila brand DeLeón

Marks Diageo's latest step in reclaiming leadership position in tequila in North America Joint venture follows successful strategic alliance to build Cîroc ultra-premium vodka brand Diageo, the world's leading premium drinks business, and Sean “Diddy” Combs today announce the creation of a new joint venture, which has acquired prestige tequila brand DeLeón. The joint venture, a 50/50 global partnership betw ...

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DANONE SETS TERMS FOR CONTINUED PARTNERSHIP WITH FONTERRA AND INITIATES LEGAL PROCEEDINGS

On August 2, 2013, Fonterra issued an alert concerning a possible contamination of certain ingredients supplied to Danone. Additional tests revealed later on that it was in fact a false alert. This affair illustrates serious failings on Fonterra’s part in applying the quality standards required in the food industry. Danone is terminating its existing supply contract with Fonterra and making any further coll ...

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